TDOG vs. TOXR

Last updated Jun 24, 2026

TDOG (21Shares Dogecoin ETF) and TOXR (21Shares XRP ETF) are both Cryptocurrency funds from 21Shares - TDOG tracks the Dogecoin (DOGE) while TOXR tracks the CME CF XRP-Dollar Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. TDOG charges 0.50%/yr vs 0.30%/yr for TOXR.

Performance

TDOG vs. TOXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Dogecoin ETF (TDOG) and 21Shares XRP ETF (TOXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDOG

• 1D: -5.16%
• 1M: -24.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TOXR

• 1D: -2.98%
• 1M: -17.51%
• YTD: -39.89%
• 6M: -41.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TDOG vs. TOXR - Yearly Performance Comparison

	2026 (YTD)
TDOG 21Shares Dogecoin ETF	-37.50%
TOXR 21Shares XRP ETF	-44.21%

Correlation

The correlation between TDOG and TOXR is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.87

Return for Risk

TDOG vs. TOXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Dogecoin ETF (TDOG) and 21Shares XRP ETF (TOXR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TDOG vs. TOXR - Drawdown Comparison

The maximum TDOG drawdown since its inception was -37.81%, smaller than the maximum TOXR drawdown of -52.62%. Use the drawdown chart below to compare losses from any high point for TDOG and TOXR.

Drawdown Indicators

	TDOG	TOXR	Difference
Max Drawdown Largest peak-to-trough decline	-37.81%	-52.62%	+14.81%
Current Drawdown Current decline from peak	-37.81%	-52.46%	+14.65%
Average Drawdown Average peak-to-trough decline	-21.80%	-33.09%	+11.29%

Volatility

Volatility by Period

	TDOG	TOXR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	66.15%	73.62%	-7.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.15%	73.62%	-7.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.15%	73.62%	-7.47%

TDOG vs. TOXR - Expense Ratio Comparison

TDOG has a 0.50% expense ratio, which is higher than TOXR's 0.30% expense ratio.

Dividends

TDOG vs. TOXR - Dividend Comparison

Neither TDOG nor TOXR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TDOG and TOXR in my portfolio?

TDOG and TOXR have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDOG or TOXR?

On fees, TOXR is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDOG or TOXR?

TOXR is cheaper with a 0.30% expense ratio, compared with 0.50% for TDOG.

Which ETF pays a higher dividend yield, TDOG or TOXR?

TDOG and TOXR have nearly identical dividend yields, around 0.00%.

What is the main difference between TDOG and TOXR?

TDOG tracks Dogecoin (DOGE), while TOXR tracks CME CF XRP-Dollar Reference Rate - New York Variant. Their fees differ too: 0.50% for TDOG and 0.30% for TOXR.